Canadian Palladium Resources Stock Buy Hold or Sell Recommendation
| DCNNF Stock | USD 0.05 0 2.04% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Canadian Palladium Resources is 'Cautious Hold'. Macroaxis provides Canadian Palladium buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DCNNF positions.
Check out Canadian Palladium Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Canadian and provide practical buy, sell, or hold advice based on investors' constraints. Canadian Palladium Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Canadian |
Execute Canadian Palladium Buy or Sell Advice
The Canadian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canadian Palladium Resources. Macroaxis does not own or have any residual interests in Canadian Palladium Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canadian Palladium's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Canadian Palladium Trading Alerts and Improvement Suggestions
| Canadian Palladium generated a negative expected return over the last 90 days | |
| Canadian Palladium has high historical volatility and very poor performance | |
| Canadian Palladium has some characteristics of a very speculative penny stock | |
| Canadian Palladium Resources has accumulated 466.46 K in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. Canadian Palladium has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canadian Palladium until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Palladium's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Palladium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Palladium's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.83 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Canadian Palladium Resources has accumulated about 137.56 K in cash with (954.12 K) of positive cash flow from operations. |
Canadian Palladium Returns Distribution Density
The distribution of Canadian Palladium's historical returns is an attempt to chart the uncertainty of Canadian Palladium's future price movements. The chart of the probability distribution of Canadian Palladium daily returns describes the distribution of returns around its average expected value. We use Canadian Palladium Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canadian Palladium returns is essential to provide solid investment advice for Canadian Palladium.
| Mean Return | -0.13 | Value At Risk | -20.27 | Potential Upside | 21.18 | Standard Deviation | 11.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canadian Palladium historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canadian Palladium Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canadian Palladium or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canadian Palladium's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canadian pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 11.86 | |
Ir | Information ratio | -0.02 |
Canadian Palladium Volatility Alert
Canadian Palladium Resources is displaying above-average volatility over the selected time horizon. Canadian Palladium Resources is a penny stock. Although Canadian Palladium may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Canadian Palladium Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Canadian instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Canadian Palladium Fundamentals Vs Peers
Comparing Canadian Palladium's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canadian Palladium's direct or indirect competition across all of the common fundamentals between Canadian Palladium and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canadian Palladium or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Canadian Palladium's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canadian Palladium by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canadian Palladium to competition |
| Fundamentals | Canadian Palladium | Peer Average |
| Return On Equity | -2.58 | -0.31 |
| Return On Asset | -0.69 | -0.14 |
| Current Valuation | 5.53 M | 16.62 B |
| Shares Outstanding | 144.07 M | 571.82 M |
| Shares Owned By Insiders | 5.10 % | 10.09 % |
| Price To Book | 4.84 X | 9.51 X |
| EBITDA | (1.51 M) | 3.9 B |
| Net Income | (3.83 M) | 570.98 M |
| Cash And Equivalents | 137.56 K | 2.7 B |
| Total Debt | 466.46 K | 5.32 B |
| Debt To Equity | 0.31 % | 48.70 % |
| Current Ratio | 0.15 X | 2.16 X |
| Book Value Per Share | (0) X | 1.93 K |
| Cash Flow From Operations | (954.12 K) | 971.22 M |
| Earnings Per Share | (0.03) X | 3.12 X |
| Number Of Employees | 9 | 18.84 K |
| Beta | 1.32 | -0.15 |
| Market Capitalization | 5.03 M | 19.03 B |
| Total Asset | 1.09 M | 29.47 B |
| Z Score | 2.7 | 8.72 |
| Net Asset | 1.09 M |
Canadian Palladium Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canadian . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Canadian Palladium Buy or Sell Advice
When is the right time to buy or sell Canadian Palladium Resources? Buying financial instruments such as Canadian Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Canadian Pink Sheet
Canadian Palladium financial ratios help investors to determine whether Canadian Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canadian with respect to the benefits of owning Canadian Palladium security.